PRESS RELEASES

Randa Accessories To Move To New Larger Manhattan Headquarters

September 13, 2012

New York City, (September 12, 2012) - Next January, Randa Accessories will move its New York City offices to 417 Fifth Avenue, between 37th and 38th streets. An historic building, the 417 Fifth offices overlook Fifth Avenue and Lord & Taylor with spectacular views of the Empire State Building and the New York Public Library.

Randa has leased the entire top floor of 33,000 square feet. The new offices with 12 foot ceilings, an entrance atrium, central courtyard, and 6 large skylights, will house Randa’s New York City headquarters, a neckwear and leather design center, Trafalgar Luxury Goods, and Swank, Inc. The space will include a video and photo studio, receiving and shipping area with dedicated freight elevators, cafeteria, and unique presentation spaces. MKDA, the renowned New York City based interior architectural design firm who has notably done work for Calvin Klein, H. Stern, Missoni, Oscar de la Renta, and Patek Philippe, has been charged with the design of the space.

“Today this space is merely concrete and glass, with only light to furnish it,” states David J. Katz, Randa’s SVP and Chief Marketing Officer. “In January it will be decorated with the talent and imagination of Randa’s managers. The large interior space combined with an open layout encourages collaboration and provides for a creative and flexible environment for our design driven business.”

This move is one of several recent, major investments that Randa has made for stability, growth and re-invention. Earlier this year Randa acquired Swank, Inc, a $140 million public company and leader in men’s jewelry and leather goods and last month Randa made substantial strategic and financial investments in Accesorios Globales S.A., the largest belt manufacturer in the Western Hemisphere. Randa has invested more than $3 million in infrastructure improvements including an upgrade to the Swank facility in Taunton, MA, product lifecycle management and ERP software, and 3D-printing technology.

About Randa Accessories

Collaborating with 75 leading brands, Randa Accessories designs, manufactures, and markets men's belts, wallets, neckwear, small leather goods, luggage, backpacks, business cases, seasonal footwear, and gifts. From its origins as a neckwear company over a century ago, today Randa is the world’s largest men’s accessories company and provides fashion, lifestyle, luxury, and private branded products through retailers in all channels of distribution, worldwide. Randa employs over 4,500 people at 22 offices in 11 Countries. Randa brands include: Levi's, Dockers, Columbia Sportswear, Williamson-Dickies, Geoffrey Beene, Tommy Bahama, Jonathan Adler, Countess Mara, and Ben Sherman. Randa recently completed its acquisition of Swank, Inc. a wholesaler of men's accessories under brands including Tommy Hilfiger, Guess, Kenneth Cole, Nautica, and Tumi.